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View
Factsheet |
Online
enrollment, management system offers multiple efficiencies
benefitsCONNECTSM streamlines enrollment processes, enhances benefits
management, and improves information sharing among employees, employers,
and insurance providers.
How does benefitsCONNECTSM streamline the enrollment process?
- Enables
efficient data sharing and transferring of benefits information
to any third party who can accept electronic files
- Produces
enrollment forms populated with information entered online by
the employees for vendors who require forms
- Produces
online employee benefit statements
- Allows documents,
such as SPDs or benefit overviews, to be uploaded for employees
to access any time
- Includes
a modeling component to calculate benefit costs during the enrollment
process
How
does benefitsCONNECTSM enhance benefits management?
- Leverages
the use of information collected for management reporting purposes.
Information can be downloaded into Microsoft Excel or Access to
further customize reports
- Integrates
benefit election data with existing internal systems, such as
payroll, HRIS, and other corporate accounting and management systems
- Produces
vendor billing information
- Maintains
a chronological transaction log vital to the integrity and accountability
of any benefits administration system
- Increases
accuracy and efficiency by collecting all required employee information
the first time
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